Question:

I want to start or open my own business with little or no money down. Any ideas?

by  |  earlier

0 LIKES UnLike

I want to start or open my own business with little or no money down. Any ideas?

 Tags:

   Report

8 ANSWERS


  1. www.Cafepress.com

    No money at all to start and you open your own store!!!


  2. You need to think of something that doesn't need premises, expensive equipment or a vehicle.

    What are your skills,experience & interests?

    Is there a service in your area that is not offered at the moment or is very limited, but it's something you could do?

    Is there anything you have done in previous jobs where you would be able to use contacts to get business?

    Start small, as you grow you hopefully have some funds to expand & therefore have more income, but don't expect to make much money initially, it takes time & determination.

    Once you have an idea make a business plan & be realistic about costs & income forecasts.

    There are many places around that help you start up, take avantage of all help & advice that is on offer.

    Good Luck!

  3. Most businesses require a great deal of start-up money if they're going to be successful. Why don't you tell us what type of business you're thinking of opening. That could get you some more useful advice.

  4. I know a lot about this topic, I have a lot of good info for you. Many people are looking for work from home companies. All the scams definitely create a big problem but also, there is a problem of people misunderstanding the difference between work from home "jobs" and work from home opportunities. There really is no such thing as a work from home “job”. To get that you have to start working for a company in their offices first, then they MAY allow you to take the job home and that’s only if you have special training such as in Website design, being an Attorney, Bookkeeper and the like.

    Most of the work from home opportunities that are legitimate offers are not an hourly pay type job. They are business opportunities that help you in starting your own business from your home.

    What you should do first is to decide if you are simply looking for an hourly rate type job or if you are looking for more of an opportunity for additional income such as what you would make in your own business being your own boss from home. Many say a JOB stands for Just Over Broke and I have found that to be true as well. I never got anywhere working for others.

    Small home businesses have some small costs involved, less then $100 to start is reasonable and I would stay away from those wanting $300, $500 even some asking for $1000. It doesn’t cost that much to start and run a home business so you shouldn’t pay it. The real ones will have a small monthly overhead as well. Should be around $50 a month but no more then $75. And everything should be included from your web sites to training and team support to back office accounting and booking. It’s ok to pay this overhead because it’s a business, they cost money. It’s not reasonable to assume you can run a business from home with a website and more for free so do keep that in mind as you search.

    If you are coming across places that say free then I would RUN don’t walk the other way! They never are. I tried them many a times and 3 weeks later I had to buy this and 6 weeks later that. After 6 months these “free businesses” had cost me over $800 on average.

    I’m a stay at home wife and a licensed nurse here in the state of California. I work about 22-28 hours per week for a National Medical Benefits Company. This is a home business, a nationally known and reputable home business which is what you need to make sure you are looking for. I have been with the company for one year now and I make over $2000 a month! In your first month, depending on how many hours you can work I have seen people make anywhere from $300 to over $2000. And your income will increase each month because we get paid residual income as well. If I continue on as I am going at the end of the year I will be making $5000 a month. My friend Rebecca from Hales Corners, Wisconsin started 2 years before me and she is now making $45,000 a year with her home business; $25,000 of that is residual income.

    The best part is they have 401(k), direct deposit and a benefits package. In addition, there are no products, no hard selling or pushing, no cold calling, no home parties and no telemarketing! That was VERY important to me.

    I absolutely love working with them and I can't believe I am making what I am making and in so few hours per week. The neat thing is there are other people on your team that you work with so you are never alone. You have great team support and you get to know the other people on your team pretty well. The support is great but I have made wonderful friends as well. I think that’s important too, especially being at home!

    I was a bit apprehensive at first because I know a lot of companies are not legit but this company is the number one National Medical Benefits Company in the US. They are a member of the US Chamber of Commerce, The Consumer Health Alliance and the National Association of Dental Plans which is very impressive. Also they were featured in “The New York Times”, “Wall Street Journal” “Time Magazine” and the “American Medical Review” and the May issue of Parents Magazine. Even “60 Minutes” with Morley Safer did a big special on this home based business.

    Even more then all this is they are accepted at over 100,000 retailers nation wide. These are fortune 500 companies like Sears, Target, Walgreens, CVS, Wal-mart, Publix and more. These companies would never work with a company that was any thing less then reputable. That made me feel very good about working with them knowing they were accepted at these stores that I frequent. Also now of course being with them I get the dental and vision benefits for free and I saved over $650 on my last visit to have labratory work done. That’s just a beautiful perk! : - )

    When I first started I just felt very safe with them, that and my friend was already making so much money with Ameriplan. But at this point I feel a sense of security financially that our family has never had before. That plus LOVING what you do? What could be better?

    Check them out! Just type in www.Telecommute2008.com in your web browser.

    -Jana

    http://www.Telecommute2008.com

  5. First of all, you will not be able to start up a real business or open up a business with no money.  In starting up a business or opening up a business there would be an investment.  If I were you, for little amount of investment, I would start up a home based business.  You have the same income opportunity as a tradtional business, without all the over head expenses.  Just about everything in your home, becomes a tax write off.  Things such as your telephone, Internet, cellular phone, electricty, gas and even car expenses.  Most home based businesses cost under $500 to start.

    There are plenty of business opportunities out there like this.  You just need to figure out which one you'd like to do based on your interest or things you already know how to do.  My idea is a very simple business in which I have experience in.  I know a lot of people in this industry as well.  It's in the telecommunications industry.  You can collaborate with a 15 year old world wide company that's the largest direct selling telecommunications service provider in the world.  You can market local and long distance telephone services, Internet services, digital and video phone services, Satellite TV services as well as all major cellular phone providers.  You can save people money on services that they are already using and paying for, and offer people services that they don't already have.  After helping someone on an existing service, or providing a new service, every single month these people pay their bills, you make a percentage of month after month, year after year.  That is just one way you can make a living in this industry.

    The company you can collaborate with you can read about them in several magazines that they've been featured in.  Such as USA Today, Success, Fortune etc.  Inc 500 also rated them the 22nd fastest growing company.  Donald Trump has also endorsed this company, uses the product and is highly involved in the company.  If you watch the apprentice, that video phone on the desk that he talks to other people around his office and see's them live, that is one of our video phone products.

    So anyhow, that is my idea for you.

  6. rtfm is right.  My suggestion is to find something you are already knowledgable or passionate about and go from there.  Maybe if you posted hobbies or interests we could help point the way for you...

  7. probably the easiest business you can start is an internat business. Find a niche, something you are good at, and build a website. It is so easy these days. And not expensive.

    have a look at where2upload.com to choose an web host and you can be online in no time.

    the hardest part is to research the niche you want to be in. There is a lot of competition everywhere these days. You have to be able to bring something original to it.

    good luck!

  8. eHow is overflowing with excellent business ideas.  These are no-scam, no survey ideas.  They aren't sponsored by a particular company.  They are just free, interesting ideas.

    Here are a few I like.  I have been following the last one and it is really working well.  BTW, I spent NO money to start it up.

    http://www.ehow.com/how_4435126_money-gr...

    http://www.ehow.com/how_4434340_money-ch...

    This one is about making money at the beach, but it has a section about a no-cost recycling business that I am thnking about trying:

    http://www.ehow.com/how_2352828_money-be...

    http://www.ehow.com/how_2354371_week-any...

    http://www.ehow.com/how_2322267_dog-wast...

    And, finally, my favorite and the one that works best for me:

    http://www.ehow.com/how_2354371_week-any...

Question Stats

Latest activity: earlier.
This question has 8 answers.

BECOME A GUIDE

Share your knowledge and help people by answering questions.